Day: July 16, 2015

Amber D. Scott, Compliance Nerd

Ask Amber: Are You Really a Miner ? No Comments

Hey Compliance Nerd! We have a customer that frequently sells bitcoin. She told us that her bitcoin is from mining, but we noticed that it usually seems to be coming from, or have passed through, a wallet that we think is associated with a “Silk Road” type of dark web site. What should we do? We’re not certain that she’s doing anything illegal, but if she is, I don’t want to share a jai...


Bitcoin and the Music Industry Part-2 No Comments

BlockChain and the Music Industry ... Wait! I thought we were talking about Bitcoin? In part one we delved into the wild and wacky world of Bitcoin and cryptocurrency.  If you have not read it, here is the link.  Are you finished? Are you back yet? Good, let’s proceed.  In the last article we ventured into the world of bitcoin and discovered its implications on the music industry and why t...


Bitcoin and the Music Industry Part-1 
 What is Bitcoin and Why Should Musicians Care? 1 Comment

Peer-to-Peer and the Music Industry Music has a long history with peer-to-peer technology. Napster was the first to allow us to download mp3s directly from our peers. Music fans were so frustrated with the pricing strategy and delivery mechanisms dictated by the Music Industry that they felt justified not paying for tracks. So what killed Napster? The fact that it only benefited the consumer and ...


Problems with Bitcoin Payments for Merchants in Canada (And What We Can Do About It) 1 Comment

We all know why Bitcoin is great, but it helps to look at the other side and explore why Bitcoin may not be the ultimate solution to every problem… At least not yet! A large portion of the growth of Bitcoin is still attributed to speculation. There are many holders of Bitcoins who do not want to transact with their coins but rather wait for their value to naturally increase due to their defla...


What’s New in Canadian Bitcoins No Comments

There’s always something new in Canadian Bitcoins. Even if the activity is not specific to Bitcoin there is always something related to blockchain 2.0 platforms or other fintech developments that are progressing on a daily basis. We have a several great resources lined up for your regular enjoyment. Here are a few cryptocurrency news sections that are coming up: Exchanges and Trading Ther...